Medicare Is Changing. Here Are 3 Things Investors Need to Know
I recently attended a conference at the prestigious Brookings Institute that was all about Medicare payment reform. The event drew an older crowd, with suit-and-tie attire and coffee that was stronger than I'm used to. It's safe to say I was the youngest person in the room -- by about 30 years.
The investor in me has a vested interest in this topic. Medicare will directly oversee $709 billion of health-related payments this year -- more than the entire GDP of Saudi Arabia. The program plays a crucial role in our nation's healthcare system, which can make or break innovative new companies. After all, its guidelines could determine whether new products and services will be reimbursable or must be paid out of pocket.
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Source: Fool.com